SC PSC Votes to Approve Dominion Buyout of SCANA

In January Dominion Energy announced a deal to buy out and merge in South Carolina-based SCANA Corporation (see Dominion Buys SCANA, Mulls Atlantic Coast Pipe Expansion into SC). SCANA is an energy-based holding company that through its subsidiaries is essentially the local gas and electric company for much of South Carolina. When Dominion’s Atlantic Coast Pipeline gets built and expanded into South Carolina, it will flow Marcellus/Utica gas to SCANA customers–an important and huge new market for our molecules. In November North Carolina regulators signed off on the merger (see Dominion One Step Away from Closing on SCANA Merger). Last Friday, the Public Service Commission of South Carolina (SCPSC) voted to approve it as well–the last major regulatory hurdle before the merger can happen.

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